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Common use of Qualification of Seller Clause in Contracts

Qualification of Seller. Seller is duly qualified or licensed as a foreign corporation to do business, and is in good standing, in each jurisdiction where the character of the Assets, or the nature of its activities makes such qualification or license necessary.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Epazz Inc), Asset Purchase Agreement (Epazz Inc), Consulting Agreement & Agreement Not to Compete (Epazz Inc)

Qualification of Seller. Seller has the requisite corporate power and all governmental licenses, authorizations, permits, consents, and approvals required to carry on the business of owning and operating its assets, including the Assets, as such business is now being conducted. Seller is duly qualified or licensed to do business as a foreign corporation to do business, and is in good standing, standing in each jurisdiction where the character of the Assets, or the nature of its activities makes such qualification or license is necessary, except for those jurisdictions where failure to be so qualified would not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (American Midstream Partners, LP)